Median home value: $256K (-2.2% YoY). Rent: $1,899/mo. Price-to-rent: 11.3x. Part of Panama City, FL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Panama City, FL metro page.
Home Value$256,396
-2.2%
Rent$1,899/mo
AFFORDABILITYBuying $135/mo cheaper ($1,899 rent)6.00% 30yr, 20% down, county tax + FL ins. 28% per HUD.
Enter your income for Callaway.
$51,279 on $256,396
Stretch — 28.2% of income
Above 28% but manageable with cuts.
PITI$1,764
P/I28.2%
Afford$254K
Gap-$2K
P&I $1,230Tax $184Ins $350
Home Buying Kit For Dummies (2025)Financing, negotiation, closing